Abu Dhabi-based institutional blockchain platform ADI Foundation has partnered with industry-standard oracle platform Chainlink to integrate Chainlink’s Cross-Chain Interoperability Protocol (CCIP) as the canonical cross-chain infrastructure provider for ADI Chain.
ADI Foundation was founded by Sirius International Holding, the digital arm of International Holding Company (IHC), one of the largest investment companies in the world with a $240 billion market cap. By collaborating with global financial leaders including Mastercard, BlackRock, Franklin Templeton, and M-Pesa, ADI Foundation aims to position the UAE as a central hub for regulated digital asset innovation.
ADI Chain is the chosen host for DDSC, a 1:1 dirham-backed stablecoin developed by IHC and First Abu Dhabi Bank (FAB). Licensed by the Central Bank of the UAE, DDSC is designed for institutional use, payments, and cross-border settlements.
CCIP leverages Chainlink’s industry-standard decentralized oracle infrastructure, which has enabled over $28 trillion in transaction value, to transfer digital assets with the highest level of cross-chain security backed by a separate Risk Management Network. CCIP will facilitate institutional-grade interoperability between ADI Chain and major blockchain ecosystems, providing secure onchain connectivity for over one billion users across emerging markets.
ADI Foundation will also adopt additional Chainlink services including price data and reserve verification to power stablecoins, tokenized real-world assets, DeFi applications, and institutional trading on ADI Chain.
“Chainlink has established itself as the definitive standard for secure blockchain infrastructure, trusted by institutions worldwide to connect traditional finance with the onchain economy,” said ADI Foundation’s CEO, Andrey Lazorenko, in an official announcement.
“As we build the digital rails for governments, central banks, and enterprises across the Middle East, Africa, and Asia, integrating Chainlink’s proven oracle network and Cross-Chain Interoperability Protocol (CCIP) is essential to delivering the institutional-grade security and reliability our partners require.”
“The ADI Foundation is building exactly the kind of institutional-grade, regulator-aligned infrastructure that will unlock digital asset adoption across the Middle East, Africa, and Asia – regions representing billions of people who stand to benefit from more efficient, transparent financial systems,” said Chainlink Labs’ Chief Business Officer, Johann Eid.
“Their decision to build on Chainlink validates what the world’s leading institutions already know: when security, reliability, and proven performance matter most, Chainlink is the clear choice.”
To learn more about ADI Foundation, visit their website, X, and Discord.